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Re: challe08 post# 89206

Wednesday, 05/20/2015 2:43:59 PM

Wednesday, May 20, 2015 2:43:59 PM

Post# of 163761
Agreed, especially since we have recently already borrowed at fairly low interest rates (6-7%). If Apple and a hand full of companies are buying back their stock at their double digit P/E ratios, why on earth would SIAF not buy back their own at these levels. Like you said, if it is to be internally financed that is another story, however, the situation has significantly changed in terms of being able to borrow at attractive rates now.

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